In a job order costing system, the purchase of materials on account should be recorded as follows:
A) Materials InventoryWork in Process Inventory
B) Materials InventoryAccounts Payable
C) Work in Process InventoryAccounts Payable
D) Accounts PayableMaterials Inventory
B
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In regard to decision making, which of the following statements reflects what research has found?
A. Individuals acting alone always make better decisions than groups. B. Group decisions are seldom better than individual decisions. C. Groups tend to be less productive than the best individuals working on any specific project. D. Groups make better decisions than most individuals acting alone. E. There has not been any research showing that either individuals acting alone nor groups make better-quality decisions.
The law states that advertising to children cannot exceed 12 minutes per hour during weekdays. Which organization is responsible for making sure this time limit is not exceeded?
A) Federal Communications Commission B) Federal Trade Commission C) Food and Drug Administration D) United States Postal Service
Which of the following is a major advantage of adding more channels for selling?
A) It helps the company increase its market coverage. B) It helps the company reduce its fixed costs. C) It reduces the likelihood of channel conflict. D) It is the best strategy for selling low-involvement consumer products. E) It results in economies of scale.
Why is it necessary for retailers to develop and implement an integrated communication program?
What will be an ideal response?